Dubai Parks stock hits record high

Dubai-Mubasher: Dubai Parks and Resorts’ stock saw a bullish performance in Monday’s mid-session, rising to the highest level since its trading on Dubai bourse.

The stock grew 4.7% to AED 1.56 by 11:45am UAE time, with a turnover of AED 51.19 million generated from the exchange of 33.56 million shares through 281 transactions.

The company’s shareholders approved last Thursday amendments to the articles of association to conform to the company’s new name “dXb Entertainments”.

Dubai index advanced 1.16% to 3,295.77 points, while the consumer staples sector increased 4.54%.

Mubasher Contribution Time: 27-Jun-2016 08:43 (GMT)
Mubasher Last Update Time: 27-Jun-2016 08:43 (GMT)